Q: I have loaned some money from a bank and am paying interest every month but now I have a certain amount which is good enough to get rid of loan and the interest while on the other hand it’s Eid-ul-adha. Either I can do Qurbani or get rid of loan. Please guide me which is more important according to sharia. Qurbani first or get rid of loan/interest?
A: Dealing in interest is Haraam. Pay the loan and leave out the Qurbani.
Moulana Yusuf Laher
Checked by: Mufti Siraj Desai